Midnight News Update –Jun 30th2017   Even as the government put forth its plan to sell off Air India, one of the first expressions of interest came from Indigo Airlines, which is the largest airline in India with a domestic market share of Read more [...]

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 Midnight News Update – Jun 29th 2017 Godrej Industries plans to raise Rs.400 crore through the Godrej Agrovet IPO. Godrej Industries currently owns nearly 61% of Godrej Agrovet. Godrej Agrovet is in the business of agri-inputs, animal feeds, palm Read more [...]

Midnight News Update –June 28, 2017   SBI has initiated liquidation proceedings against 3 more companies viz. Electrosteel, Monnet Ispat and Jyoti Structures. Jyoti is the first power distribution company to be referred to liquidation. The Read more [...]

Weekly Capsule (Jun 19 – Jun 23) and Impact Analysis Major News Item Impact Analysis     Ø  FM has affirmed that GST rollout will be on schedule on 01st July Ø  There were doubts over the timely implementation as industry Read more [...]

Midnight News Update –Jun 27th2017   CRISIL has estimated that the banks will have to take a haircut of up to 60% in case of the 12 accounts that have been identified for classification under the Insolvency and Bankruptcy Code (IBC). Under Read more [...]

Operation NPAs Will the most ambitious attempt be actually successful?   The RBI has embarked upon one of the most aggressive phases of NPA management. It has actually attacked the NPA problem simultaneously at two levels. Firstly, at the banking Read more [...]